2014 MKD to JPY Historical Review

YEARLY HIGH

2.4314 JPY

YEARLY LOW

2.1869 JPY

YEARLY AVERAGE

2.2808 JPY

2014 MKD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 2.4314. Conversely, the yearly low was recorded on October 15, dropping to 2.1869.

This high-to-low spread represents a total annual volatility of 0.2446 JPY. From a start-to-finish perspective, comparing the January average rate of 2.3005 to the December average rate of 2.3927, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.4314 was up 3.00% compared to the 2013 peak of 2.3606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 12,157 JPY

2013 Average 10,502 JPY

Yearly Trough Low 10,934 JPY

Transaction Impact: A difference of 1,222.89 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.4097

2.2051

JanuMarcMayJulySeptNove

MKD to JPY Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.2794, compared to 2.2822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 2.2794

H2 Avg (Jul–Dec) 2.2822

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.1197 JPY (High: 2.4024 / Low: 2.2828). On the other end, June was the most stable month, with a tight range of 0.0275 JPY (High: 2.2679 / Low: 2.2404).

November Spread (Volatile) ±0.1197

June Spread (Stable) ±0.0275

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0394 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.3927) against the same month in 2013 (average: 2.3042), the exchange rate shifted by +0.0885 (+3.84%).

2014 Avg (December) 2.3927

2013 Avg (December) 2.3042

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3568	2.2423	2.3005
February	2.2863	2.2225	2.2611
March	2.3265	2.2672	2.2944
April	2.3167	2.2827	2.2967
May	2.3029	2.2466	2.2717
June	2.2679	2.2404	2.2519
July	2.2588	2.2272	2.2421
August	2.2574	2.2198	2.2331
September	2.2828	2.2160	2.2547
October	2.2807	2.1869	2.2222
November	2.4024	2.2828	2.3486
December	2.4314	2.3664	2.3927